GANN TIMER
A REVERSAL SYSTEM
BASED SOLELY ON TIME
GANN ANGLES, monthly
newsletter using the technical methods of W.D. Gann since 1983, recently
introduced GANNTIMER, a mechanical trading system utilizing TIME rather than
price. We are all familiar with trend following and mechanical trading systems
that include traditional cycles and wave analysis as integral components but
this is an innovative use of TIME as a stand-alone reversal system.
GANNTIMER evolved from a
monthly feature in GANN ANGLES called "180 Degree Dates" that was
based on a simple Gann principle, that a change of trend occurs at the
"Midpoint in Time" from a major high or low. It's become almost a
given that 50% retracements in PRICE are important stopping places but Gann
believed that TIME also has support and resistance at the 50% level. He called
it the Midpoint in Time, or "180 degrees", or Days from a significant
high or low. That's 26 weeks, 6 months from a major high or low and research,
application and experience have proved - that Gann's principle is correct.
Trend changes really do occur at this pivotal time period. Eight years of
tracking and trading "180 Degree Dates" in GANN ANGLES has proven its
worth.
GANNTIMER began with 180
calendar day projections and grew into a computerized date projection program
that generates twenty daily dates and ten weekly dates from each major high and
low in 25 commodities. It's a reversal trading system based solely on TIME. It
applies the broader Gann geometric Time Principle which states that trend
changes from extreme highs and lows occur ad Divisions of 360 degrees.
360 divided by 2 = 180
360 divided by 3 = 120, 240, 360
360 divided by 4 = 90, 180, 270
360 divided by 5 = 72, 144, (288)
The
GANNTIMER Trading System utilizes DAILY Time divisions of 360, with tabulated
counts from highs and lows in both Calendar AND Trading days. For
example, 180 trading days(TD's) is 252 calendar days (or CD's). Eight years of
experience with the "180 Calendar Day" feature shows that at swing
highs and lows, both 180 CD's AND 180 TD's can "cluster" at one
moment in Time. Of course, it can be ANY combination of divisions of 360, such
as 90 TD, 180 CD and 144 TD. The more dates that coincide or
"cluster" on a single date, the stronger the ensuing reversal will
be.
In all, using both calendar
and trading day counts, there will be a total of 20 Daily Time counts
generated from each swing High and Low date. But that's not all. WEEKLY 360
division date projections will be overlaid on the daily projections. Because
weekly clusters occur infrequently, when they do, they add a third dimension to
the already dynamic Daily clusters.
Category: Daytrading
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